Home builder Glenveagh Properties has reported revenue growth of 36% for 2022, driven by its suburban business segment.

Revenue for the year reached €649m, up from €477m in 2022.

In a trading update for the year to the end of December, Glenveagh said it sold 1,354 suburban units.

This was up 50% on the 902 units closed in 2021 and 90% ahead of the 712 suburban units closed in 2019.

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